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OVERHEATING MARKET?

|Includes: Emerge Energy Services LP (EMES)

OVERHEATING MARKET?

Aug 09 8:59 PM•Comment!

Disclosure: I am/we are long EMES.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

WHEN I say it is a "strange market" that does not mean I am not enjoying it. It is WARM to say the least. (Is this what they mean by GLOBAL WARMING?) It is currently 77° in this market; 79.97° Trading TEMP. What does this mean? It means all the LONG STOCKS are going up and all the SHORT STOCKS (Inverse ETFs) are going down. I've never seen it so hard to make money in a short position -- except in the currencies.

We wanted stocks to go down a bit. Some have. Gold and silver stocks have not. And now oil seems to have finished its corrections and seems to want to get involved in the bullishness.

You will notice are BAROMETER is now rising. The ST TREND was up 19 over yesterday. All the trends are climbing: up 19, 5 and 7.

The BAROMETER may be making a double top. It is not clear.

I mentioned last week that we have added another data-box to our DASHBOARD, next to our UDOW automatic trade with our BAROMETER. (We are not discouraged that the Barometer topped, and then went sideways.)

An AUTOMATIC APPLE TRADE? Anyone interested? Let me explain. Oh, I should also say that we have added a fifth system to our daily reporting on SA. M2F ALT. Here is the systems we are focusing on:

TRADING SINCE     STOCK, ETF TRADES
5/22/16 7.41%   VIX SS
5/3/16 12.85%   M2F ALT NEW
6/29/16 7.78%   VIX 5 -- EMV SPEAR
5/22/16 43.40%   BAROMETER (NYSEARCA:UDOW)
5/22/16 #DIV/0!   APPLE TRADE SLIM
       
      CURRENCY TRADES
6/3/16 42.45%   VIX SS CUR
6/22/16 108.14%   EMV ASP NEW CURR

M2F ALT is up 12.85% since early May. We noticed a version of this seems to trade APPLE COMPUTER very well. We call it M2F SLIM, since it is pretty much M2F and our Intermediate TREND Indicator working in tandem, no confirmation of the Long-Term Trend. The picture (seems to) tells the whole story, at least the story of our fascination.

We are bull-hunting (bear-hunting?) with AAPL now. We simply open up this chart every day, waiting for the trend and the trade to change. We see this as a very nice staple trade. (For the time being at least) we just ignore the PROP1 reading, and trade the top pane that tells us INT TREND Direction and M2F ALT (overbought or oversold). Currently our APPLE TRADE is long but we are not in it yet, so it is neutral to us. We are waiting patiently for the trajectory to change.

Charts today? Nice currency positions, which both reflects the strength of the Japanese Yen. Long FXY; Short CADJPY, Canadian Dollar vs JPYen.

Here are a couple stocks to look at, from our report below.

RIG, Buy -- EMV Spear Trading System.

CSAL, LONG. VIX-SS TRADING SYSTEM.

We love EMES long. We like, as we said, Sept-Dec in the money calls. When we publish an URGENT NOTICE or an ALERT, it will be for subscribers only. We might publish this notice generally a day late on SA -- but only subscribers will get the timely ALERTS.

We had a rash of small-loss signals yesterday. Sorry we missed posting. Medical procedure day.

    TRADES     Accuracy
          PROJ GAIN
    8/9/16      
           
CLOSED          
VIS-SS CUR Long USDGBP 2.33% 69.90%  
VIS-SS CUR Short FXB, British Pound ETF 1.36%    
VIS-SS CUR Long EURARS 0.31% 9.30%  
VIS-SS CUR Long EURARS -2.24% -67.20%  
           
           
OPENED          
M2F ALT Long EMES 10.45 100  
    EMES SEPT (16) 10 calls 1.4 3.57 3385
    EMES SEPT (23) 10 calls 1.75 2.85 2708
    EMES DEC (16) 3.3 1.515 1436
    EMES JAN (20) 10 calls 3.4 1.4705 1394
    EMES Mar (17) 10 calls 4.4 1.136 1077
    EMES Jan (19, 2018) 10 calls 4.5 1.111 1053
           
           
    8/8/16      
           
CLOSED          
VIX-5 EMV Long USLV, Silver Long -7.94%    
VIX-5 EMV Short DSLV, Silver Short -7.47%    
CGTS LD Short NFLX, Netflix -10.85%    
VIX-SS Short NFLX, Netflix -1.86%    
VIX-SS Short VLO, Vlaero Corp -2.89%    
VIX-SS Short SNYA, Synaptics Inc -2.15%    
VIX-SS Short DUG, Short Oil and Gas 4.46%    
VIX-SS Long NIB, Cocoa ETF 6.69%    
VIX-SS Long GG, Gold Corp -3.62%    
VIX-SS Long XES, Spider Oil Equipment 2.66%    
VIX-SS Long IMMR, Immersion Robotics -14.00%    
VIX-SS Long TOO, Teekay Offshort -4.12%    
           

Here is today's report:

Column1 Column2 Column3 Column4 Column5 Column6 Column7
8/9/16            
             
CGTS DAILY TRADING SYSTEM REPORT        
             
EMV CURRENCY            
        NEW POS NEW POS  
SYMBOL CLOSE PROP1 POSITION TODAY YESTERDAY ISSUE
             
FXE 108.28 -13 Short     Euro vs Dollar ETC
FXF 97.65 -21 Short     SWISS FRANC ETF
CHFJPY=X 103.825 -25 Flat     Swiss Franc/Japanese Yen
EURJPY=X 113.29 -25 Flat     Euro/Japanese Yen
CNYCHF=X 0.147 -5 Long     Chinese Yuan/Swiss Franc
USDEUR=X 0.899 -7 Long     US Dollar/Euro
             
             
VIS-SS CURRENCIES          
        NEW POS NEW POS  
SYMBOL CLOSE PROP1 POSITION TODAY YESTERDAY ISSUE
             
FXB 127.06 -21 Flat Exit Short   British Pound ETF
JPYRUB=X 0.63 -3 Flat     Japanese Yen/Russian Ruble
USDGBP=X 0.769 -5 Flat Exit Long   US Dollar/British Pound
YCS 61.39 -25 Flat     Short Japanese Yen
             
             
             
M2F ALT TRADING SYSTEM          
        NEW POS NEW POS  
SYMBOL CLOSE PROP1 POSITION TODAY YESTERDAY ISSUE
             
             
RUSS 11.25 -25 Short     * Russian Stocks Bearish ETF 3x (NYSE:O)
DRIP 5.75 -25 Short     * Oil and Gas Bearish ETF 3x
DSX 2.57 -25 Flat   Exit Short Diana Shipping
HDP 9.31 -23 Short     Hortonworks
FSLR 41.66 -23 Short     FIRST SOLAR
^VIX 11.66 -19 Short     CRB Volatility Index Daily
NOG 4.03 -19 Flat     Northern Oil and Gas
SDOCQ 0.009 -19 Flat     Sandridge Energy
CTIC 0.358 -17 Flat     Cell Therapeutics
VVUS 1.09 -17 Flat     VIVUS Inc
SDRL 2.96 -17 Flat   Exit Short SeaDrill Ltd.
DSLV 19.33 -15 Flat     * Silver Stocks Bearish ETF 3x (NO)
OREX 4.25 -15 Flat     Orexigen Pharmaceuticals
DGAZ 7.95 -15 Flat Exit Short   * Natural Gas Bearish ETF 3x (NO)
GASX 8.67 -7 Flat     * Natural Gas Stocks Bearish ETF 3x
USLV 25.34 -5 Flat     * Silver Stocks Bullish ETF 3x (NO)
EVEP 2.42 -5 Long     EV Energy Partners
DTO 146.34 -3 Flat     Short (Double Short) Oil
DWTI 101.09 -3 Flat     * Crude Oil Bearish ETF 3x (NO)
RIG 11.01 -1 Long     Transocean Ltd.
UWTI 20.13 -1 Long     * Crude Oil Bullish ETF 3x (NO)
WLL 7.63 -1 Long     Whiting Petroleum
GASL 41.12 3 Flat     * Natural Gas Stocks Bullish ETF 3x
DDD 15.36 3 Long     3D Systems
TTI 6.19 3 Long     Tetra Technologies
1128.HK 12.72 5 Flat     WINN MACAW
EMES 10.45 5 Long     Emerge Energy Services
MWW 3.5 5 Long     Monster Worldwide
NMM 1.56 5 Long     Navios Maritime Partners
GDDY 33.46 21 Long     GO DADDY
GUSH 72.51 21 Long     * Oil and Gas Bullish ETF 3x
RUSL 68.19 21 Long     * Russia Stocks Bullish ETF 3x
             
VIX - 5 - EMV SPEAR          
        NEW POS NEW POS  
SYMBOL CLOSE PROP1 POSITION TODAY YESTERDAY ISSUE
             
^VIX 11.66 -19 Short     CRB Volatility Index Daily
DRIP 5.75 -25 Short     * Oil and Gas Bearish ETF 3x
FSLR 41.66 -23 Short     FIRST SOLAR
HDP 9.31 -23 Short     Hortonworks
RUSS 11.25 -25 Short     * Russian Stocks Bearish ETF 3x
DSLV 19.33 -15 Flat     * Silver Stocks Bearish ETF 3x (NO)
DSX 2.57 -25 Flat     Diana Shipping
DTO 146.34 -3 Flat     Short (Double Short) Oil
SDOCQ 0.009 -19 Flat     Sandridge Energy
SDRL 2.96 -17 Flat     SeaDrill Ltd.
USLV 25.34 -5 Flat     * Silver Stocks Bullish ETF 3x (NO)
VVUS 1.09 -17 Flat     VIVUS Inc
DDD 15.36 3 Long     3D Systems
EMES 10.45 5 Long Enter Long   Emerge Energy Services
EVEP 2.42 -5 Long     EV Energy Partners
GUSH 72.51 21 Long     * Oil and Gas Bullish ETF 3x
MWW 3.5 5 Long     Monster Worldwide
NMM 1.56 5 Long     Navios Maritime Partners
PBR 8.7 -1 Long     Petrobas Petroleum Brasil
RIG 11.01 -1 Long     Transocean Ltd.
RUSL 68.19 21 Long     * Russia Stocks Bullish ETF 3x
TTI 6.19 3 Long     Tetra Technologies
UWTI 20.13 -1 Long     * Crude Oil Bullish ETF 3x (NO)
             
             
VIX-SS TRADING SYSTEM          
        NEW POS NEW POS  
SYMBOL CLOSE PROP1 POSITION TODAY YESTERDAY ISSUE
             
^VIX 11.66 -19 Short     CRB Volatility Index Daily
DRIP 5.75 -25 Short     * Oil and Gas Bearish ETF 3x
FSLR 41.66 -23 Short     FIRST SOLAR
FXE 108.28 -13 Short     Euro vs Dollar ETC
FXF 97.65 -21 Short Enter Short   SWISS FRANC ETF
HDP 9.31 -23 Short     Hortonworks
QLTI 1.44 -17 Short     QLT Inc (Biotech)
RUSS 11.25 -25 Short     * Russian Stocks Bearish ETF 3x
SDP 32.5 -13 Short   Enter Short Short utilities ETF Daily
TUR 39.21 -15 Short Enter Short   Turkey Index ETF
UGAZ 32.37 -25 Short     * Natural Gas Bullish ETF 3x (NO)
YANG 16.79 -25 Short     * China Stock Bearish ETF 3x
ABX 21.49 -1 Flat     American Barricks Gold
ALGT 125.17 -25 Flat     Allegiant Travel
CBPO 128.27 5 Flat   Exit Long China Biologic
CF 22.12 -25 Flat     CF Industries
DB 13.73 -19 Flat     Deutsche Bank
DHT 4.8 -17 Flat     DH Holdings
DSLV 19.33 -15 Flat     * Silver Stocks Bearish ETF 3x (NO)
DSX 2.57 -25 Flat     Diana Shipping
GLRE 20.39 3 Flat     Greenlight Capital RE
HCG.TO 30.2 -15 Flat     Home Capital Growth Canada
HMY 4.55 -1 Flat     Harmony Mining
JNUG 300.73 23 Flat     * Junior Gold Miners Bullish ETF 3x
KERX 4.3 -25 Flat     Keryx Biopharm
KGJI 2.05 5 Flat     Kinggold Jewelry
KWT 43.97 -21 Flat     Solar ETF
LODE 0.4 -3 Flat   Exit Long Comstock/Goldspring Mining
NOG 4.03 -19 Flat     Northern Oil and Gas
NUGT 162.77 11 Flat     * Gold Miners Stocks Bullish ETF 3x
RRGB 52.02 -11 Flat     Red Robin Gourmet Burgers
SDOCQ 0.009 -19 Flat     Sandridge Energy
TNK 2.93 -25 Flat     Teekay Tankers Ltd.
TNP 4.89 -25 Flat     Tsakos Energy Navigation LTD
TYO 13.02 -23 Flat     * 7-10 Year Treasury Bear ETF 3x
UA 39.31 -25 Flat     Under Armor
UGLD 13.82 -3 Flat     * GOLD ETN BULLISH 3X (NO)
VVUS 1.09 -17 Flat     VIVUS Inc
AA 10.35 -5 Long     ALCOA, Aluminum Company of America
BHI 47.85 5 Long     Baker Hughes Daily
BRK-B 147.22 7 Long     Berkshire Hathaway B Shares
BYD 19.38 5 Long     Boyd Gaming
CSAL 30.52 -5 Long Enter Long   Communications Sales and Leasing
CTL 30.15 -5 Long     Century Link
DATA 52.95 -5 Long   Enter Long Tableau Software
DDD 15.36 3 Long     3D Systems
DRII 29.77 -5 Long     Diamond Resorts Intl
EMES 10.45 5 Long     Emerge Energy Services
EVEP 2.42 -5 Long     EV Energy Partners
FLIR 31.54 -7 Long   Enter Long Flir Systems
GME 29.63 -5 Long     GameStop
GUSH 72.51 21 Long     * Oil and Gas Bullish ETF 3x
HURN 61.04 -5 Long     Huron Consulting
IES.DE 1.936 5 Long     Intesa San Paolo SA
JBLU 17 -7 Long     Jet Blue
KBH 15.73 -7 Long     KBH Home
LBJ 96.22 23 Long     * Latin America Stocks Bullish ETF 3x
NILE 29.02 -5 Long     Blue Nile
NMM 1.56 5 Long     Navios Maritime Partners
RBS 5.03 5 Long   Enter Long Royal Bank of Scotland Daily
RIG 11.01 -1 Long     Transocean Ltd.
RUSL 68.19 21 Long     * Russia Stocks Bullish ETF 3x
TD 43.67 5 Long     Toronto Dominion Bank
TTI 6.19 3 Long     Tetra Technologies
TWTR 18.68 3 Long     Twitter
UAL 47.81 5 Long     United Continental Holdings
USAC 15.99 5 Long     USA Compression Partners
USG 27.88 -7 Long     USG Corp
UWTI 20.13 -1 Long     * Crude Oil Bullish ETF 3x (NO)
VIAB 42.29 -5 Long     Viacom
VMC 119.57 -7 Long     Vulcan Materials

Best Trading.

MJC, CGTS

Disclosure: I am/we are long EMES.